India Expands Food Processing & Storage Infrastructure to Reduce Wastage

Team Finance Saathi

    11/Feb/2025

What's covered under the Article:

  1. PMKSY and AIF schemes boost India's food processing and storage to cut agricultural wastage.
  2. Cold storage and modern silos improve supply chain efficiency and value addition.
  3. Public-Private Partnership (PPP) model promotes large-scale infrastructure development.

India is making major advancements in food processing and storage infrastructure through key government initiatives such as the Pradhan Mantri Kisan SAMPADA Yojana (PMKSY) and the Agriculture Infrastructure Fund (AIF). These programs aim to reduce agricultural wastage, improve post-harvest storage, and enhance the overall food supply chain. By investing in modern cold storage, refrigerated transportation, and warehouse facilities, India is ensuring higher income for farmers and better food security for the nation.

Pradhan Mantri Kisan SAMPADA Yojana (PMKSY): Transforming India's Food Processing Industry

The PMKSY scheme, launched by the Ministry of Food Processing Industries (MoFPI) in 2016-17, provides financial assistance for setting up food processing units, cold chains, and agro-processing clusters. It is designed to:

  • Reduce post-harvest losses by developing modern cold storage infrastructure.
  • Enhance processing levels in fruits, vegetables, dairy, fisheries, and other agricultural products.
  • Create employment opportunities in rural areas by encouraging food-based industries.
  • Increase value addition through efficient supply chain management.

A sub-scheme under PMKSY, the Scheme for Integrated Cold Chain and Value Addition Infrastructure, has been particularly successful in Telangana, where several cold storage projects have been developed, significantly reducing wastage in the perishable food sector.

Cold Storage & Warehouse Expansion: Strengthening India's Supply Chain

To further enhance food storage capabilities, the government has introduced a comprehensive Action Plan for constructing modern steel silos under a Public-Private Partnership (PPP) model. This project aims to:

  • Develop 24.25 Lakh Metric Tonnes (LMT) of grain storage capacity.
  • Reduce storage losses caused by traditional warehouse limitations.
  • Improve the quality and shelf life of food grains through advanced preservation techniques.

Additionally, the Agriculture Infrastructure Fund (AIF), launched by the Ministry of Agriculture and Farmers Welfare in 2020, provides low-interest loans to:

  • Build modern warehouses and processing units.
  • Set up cold chain logistics and supply hubs.
  • Enhance the logistics and distribution system for perishable goods.

By ensuring efficient food storage and processing, these initiatives are empowering farmers, reducing crop losses, and supporting India's growing food sector.

Benefits of Food Processing and Storage Expansion

India’s investment in food processing infrastructure offers multiple advantages:

  • Higher Farmer Income: Reduced wastage leads to better price realization for farmers.
  • Improved Food Security: Advanced storage solutions ensure consistent food availability.
  • Boost to Agri-Tech & Rural Jobs: New processing units create employment in rural India.
  • Export Growth: High-quality processed food exports contribute to India’s global trade.

Future Outlook: A Resilient & Efficient Food Ecosystem

With a strong push from the PMKSY and AIF schemes, India is rapidly modernizing its food supply chain. The PPP model and low-interest funding options are attracting private investments, further accelerating growth in the food processing sector. This strategic move is paving the way for a resilient, efficient, and waste-free food ecosystem, benefiting farmers, consumers, and the overall economy.


The Upcoming IPOs in this week and coming weeks are Quality Power Electrical Equipmwnt, PS Raj SteelsVoler CarMaxvolt EnergyHexaware TechnologiesL.K. MehtaShanmuga Hospital.


The Current active IPO are Solarium GreenAjax EngineeringChandan Healthcare.


Start your Stock Market Journey and Apply in IPO by Opening Free Demat Account in Choice Broking FinX.


Join our Trading with CA Abhay Telegram Channel for regular Stock Market Trading and Investment Calls by CA Abhay Varn - SEBI Registered Research Analyst.


Join our Finance Saathi Telegram Channel for Regular Share Market, News & IPO Updates.

 

Related News
onlyfans leakedonlyfan leaksonlyfans leaked videos